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Just Kitchen Holdings Corp V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company’s other business, JustMarket, is an ecommerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen. The Company has developed its own signature menu items under various brands, including Hot Ones, Just Chicken, Boba Mania, go Leane and Bodyfit. The Company's subsidiary is JustKitchen Co. Ltd.


TSXV:JK - Post by User

Post by partystockeron Jan 22, 2022 10:17pm
231 Views
Post# 34348996

Big few months for $JK

Big few months for $JK

JustKitchen Holdings has already undertaken a ton of expansion and acquisition in the past month and with more on the horizon for the company, I am quite bullish. 


Highlights of the last 2 months include: 


  • The acquisition of a 46,000 square foot mega facility in Taiwan that can operate at the volume of more than 8 standard ghost kitchens.

  • Acquisition of WeChef specialized kitchen, also located in Taiwan

  • Partnership with REEF Foods and DJ Khaled to launch the Another Wing delivery in Taiwan

  • The appointment of 3 specialists to build on the companies expansions and partnerships


The thing I am anticipating most is the announcement of $JK’s planned expansion into the Japanese market. With the companies proven success in ultra-high population density areas, it is the next logical step that presents a massive opportunity. 


$JK.V is currently trading at $1.09 and the company is valued at $81.91 million.

 
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